FINANCIAL HIGHLIGHTS
The Financial Highlights as set out in pages 77 to 80 contain the extracts from the audited consolidated financial statements of the Tote Board Group (comprising Tote Board, Singapore Pools and Singapore Turf Club) for the financial year ended 31 March 2020.
You may wish to read the full set of the Group’s audited financial statements here.
Review of Financial Performance
SINGAPORE TOTALISATOR BOARD (GROUP)
Income and Expenditure
Income and Expenditure
| Year ended 31 March 2020 ($M) |
Year ended 31 March 2019 ($M) |
|
|---|---|---|
| Income From Betting And Gaming Activities | ||
| Lotteries and Sports Betting | ||
| Turnover | 7,899 | 8,098 |
| Prizes Paid | (5,470) | (5,571) |
| Betting Tax Paid To Government | (1,837) | (1,877) |
| Commission Paid | (46) | (48) |
| 546 | 602 | |
| Totalisator | ||
| Turnover | 997 | 1,058 |
| Dividends Paid | (838) | (899) |
| Betting Tax Paid To Government | (58) | (62) |
| 153 | 162 | |
| Other Income | ||
| Finance (costs)/Income (net) | (70) | 33 |
| Casino Entry Levy | 117 | 125 |
| Other Operating and Non-Operating Income | 51 | 46 |
| 98 | 204 | |
| Total Income | 797 | 968 |
| Total Expenditure | (400) | (405) |
| Grants Disbursements/ Donations | ||
| Arts & Culture | (69) | (30) |
| Charity (Social Service) | (211) | (259) |
| Community Development | (50) | (37) |
| Education | (35) | (12) |
| Health | (20) | (34) |
| Sports | (108) | (116) |
| (493) | (488) | |
| (Deficit)/Surplus Before Tax and Contribution To Consolidated Fund |
(96) | 75 |
| Tax and Contribution To Consolidated Fund | (5) | (14) |
| (Deficit)/ Surplus After Tax and Contribution To Consolidated Fund |
(101) | 61 |
The Group recorded a deficit after tax and contribution to Consolidated Fund of $104 million in FY2019/20 as compared to a surplus after tax and contribution to Consolidated Fund of $61 million in FY2018/19. The negative variance was due largely to net finance costs from changes in carrying values of financial assets at fair value and lower income from Lotteries and Sports Betting.
Review of Financial Performance
SINGAPORE TOTALISATOR BOARD (GROUP)
Statements of Financial Position
Statements of Financial Position
| As at 31 March 2020 ($M) |
As at 31 March 2019 ($M) |
|
|---|---|---|
| ASSETS | ||
| Non-Current Assets | 638 | 569 |
| Financial Assets At Fair Value Through Profit or Loss | 3,370 | 3,418 |
| Other Current Assets | 1,291 | 1,406 |
| Total Assets | 5,299 | 5,393 |
| Capitals, Reserves and Liabilities | ||
| Capital and Reserves | 4,756 | 4,857 |
| Non-Current Liabilities | 236 | 188 |
| Current Liabilities | 307 | 348 |
| Total Capital, Reserve and Liabilities | 5,299 | 5,393 |
SINGAPORE TOTALISATOR BOARD (GROUP)
Outstanding Grants/ Donations Commitments
Outstanding Grants/ Donations Commitments
| As at 31 March 2020 ($M) |
As at 31 March 2019 ($M) |
|
|---|---|---|
| Arts & Culture | 252 | 233 |
| Social Service | 1,187 | 1,165 |
| Community Development | 589 | 413 |
| Education | 155 | 201 |
| Health | 225 | 170 |
| Sports | 376 | 487 |
| Total | 2,784 | 2,669 |
Lotteries and Sports Betting Turnover
Totalisator Turnover
Investment Income/ (Loss)
Casino Entry Levy
Annual Contribution to Government
(Betting Duties, Income Tax and Contribution to Consolidated Fund)
(Betting Duties, Income Tax and Contribution to Consolidated Fund)
Annual Net Surplus/ (Deficit)
Grants Disbursements/ Donations
